Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK - Get Free Report)'s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $28.51 and traded as low as $28.01. Peoples Bancorp of North Carolina shares last traded at $28.29, with a volume of 11,909 shares changing hands.
Wall Street Analyst Weigh In
Separately, Wall Street Zen upgraded shares of Peoples Bancorp of North Carolina from a "hold" rating to a "buy" rating in a report on Thursday, April 24th.
Read Our Latest Analysis on Peoples Bancorp of North Carolina
Peoples Bancorp of North Carolina Trading Down 0.5%
The firm has a market cap of $158.78 million, a P/E ratio of 9.53 and a beta of 0.62. The firm's fifty day moving average is $28.17 and its two-hundred day moving average is $28.45. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.11.
Peoples Bancorp of North Carolina (NASDAQ:PEBK - Get Free Report) last announced its earnings results on Monday, April 21st. The bank reported $0.79 EPS for the quarter. Peoples Bancorp of North Carolina had a net margin of 15.35% and a return on equity of 12.65%. The firm had revenue of $20.47 million for the quarter.
Peoples Bancorp of North Carolina Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Tuesday, June 3rd were issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.75%. The ex-dividend date of this dividend was Tuesday, June 3rd. Peoples Bancorp of North Carolina's dividend payout ratio (DPR) is presently 26.23%.
Hedge Funds Weigh In On Peoples Bancorp of North Carolina
Several large investors have recently modified their holdings of PEBK. Wellington Management Group LLP raised its position in shares of Peoples Bancorp of North Carolina by 606.4% in the 4th quarter. Wellington Management Group LLP now owns 426,893 shares of the bank's stock worth $13,340,000 after purchasing an additional 366,459 shares during the last quarter. Fourthstone LLC raised its position in shares of Peoples Bancorp of North Carolina by 203.6% in the 4th quarter. Fourthstone LLC now owns 61,243 shares of the bank's stock worth $1,914,000 after purchasing an additional 41,069 shares during the last quarter. NorthRock Partners LLC purchased a new position in shares of Peoples Bancorp of North Carolina in the 1st quarter worth about $431,000. Los Angeles Capital Management LLC purchased a new position in shares of Peoples Bancorp of North Carolina in the 4th quarter worth about $296,000. Finally, Nuveen Asset Management LLC purchased a new position in shares of Peoples Bancorp of North Carolina in the 4th quarter worth about $277,000. Hedge funds and other institutional investors own 43.83% of the company's stock.
Peoples Bancorp of North Carolina Company Profile
(
Get Free Report)
Peoples Bancorp of North Carolina, Inc operates as the bank holding company for Peoples Bank that provides various banking products and services for individuals and small-to medium-sized businesses. It offers checking, savings, money market, and retirement accounts; certificates of deposits; and credit and debit cards.
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